Swedish carmaker Volvo is planning to make a car plant in Europe by the year 2025 to boost its production capacity beyond 1.2 million vehicles per year.

World Business Watch: Construction of a new plant to start in 2025

As the global supply crisis and covid-19 hit business consumer spending the Japans's economy contracts much faster in the 3rd quarter, raising challenges for the new govt's growth plans.

World Business Watch: Japan's economy shrinks more than expected

The popular trading app Robinhood announced Monday that millions of its users had their personal information exposed in a data breach.

World Business Watch: Robinhood app hit by data breach exposing email of 5 million customers

Japan's real wages declined in September for the first time in three months as inflation picked up faster than growth in nominal pay.

World Business Watch: Japan's September real wages fell for first time in 3 months as inflation bites

As excitement for cryptocurrency adoption and fears about inflation lend support to the asset class, Bitcoin and ether made record peaks in Asia trade on Tuesday.

World Business Watch: Bitcoin, Ethereum hit new record high, other cryptocurrencies also surge

Protests against price rise continue to haunt Imran Khan's government. Pakistan's economic intelligence unit has said that inflation will rise for the next half year in the country.

Pakistan: Protests against skyrocketing prices, opposition slams PM Imran Khan

According to reports, Japan will create a scheme to subsidise the construction of domestic chip factories with a new plant planned by Taiwan's TSMC likely to be the first recipient.

World Business Watch: Japan to create scheme to subsidise domestic chip output

Helped by booming global demand ahead of winter holiday seasons, an easing power crunch, and an improvement in supply chains that had been badly disrupted by the COVID-19 pandemic, China's export growth has slowed in October beating forecasts.

World Business Watch: China October exports beat forecasts, improvement in supply chains registered

After lifting travel restrictions for much of the world's population first imposed in early 2020 to address the spread of COVID-19, the United States is expecting a flood of international visitors crossing its borders by air and by land on Monday.

World Business Watch: US braces for surge of vaccinated international travellers

Chip designer Advanced Micro Devices (AMD) has been able to skirt most of the problems linked with the global chip supply shortage by forecasting demand years in advance.

Global Chip Shortage: AMD books capacity years ahead to ease crunches

According to polls, Indonesia's economic growth is expected to have slowed significantly in the third quarter as restrictions imposed to prevent the spread of the Coronavirus Delta variant put the brakes on a nascent recovery.

Poll: Indonesia's GDP growth set to slow in Q3 as COVID-19 curbs bite

The United States' Federal Aviation Administration said that it had issued a special information bulletin alerting manufacturers, operators and pilots that action may be needed to address potential interference with sensitive aircraft electronics caused by the use of 5G telecommunications technology.

US aviation regulator warns of potential interference from 5G spectrum plan

Putting pressure on policymakers ahead of the last monetary policy meeting of the year South Korea's consumer inflation accelerated to a near 10-year peak in October on higher costs of oil products, housing rentals and outdoor dining.

South Korea inflation hits near decade-high, raising rate hike bets

India's leading car makers Maruti Suzuki and Hyundai have witnessed a double digit drop in sales in the month of October due to global chip shortage.

October auto sales in India stay in the slow lane due to chip shortage

The Chinese government has told families to keep daily necessities in stock in case of emergencies, after COVID-19 outbreaks and unusually heavy rains that caused a surge in vegetable prices raised concerns about supply shortages.

China urges families to keep stocks of daily necessities ahead of winter

French President Emmanuel Macron said he was postponing planned trade sanctions on Britain so that negotiators from both sides could work on new proposals to defuse their dispute over post-Brexit fishing rights.

France postpones fishing row sanctions, Britain welcomes the decision

India and Sweden are old business partners and now within the post-COVID-19 world, both countries are looking to increase their business partnerships. Sweden's ambassador to India Klas Molin speaks to WION on the same.

Exclusive: Sweden, India time-tested business allies says Klas Molin

For the first time during the COVID-19 pandemic, Australia has eased its international border restrictions on Monday, allowing some of its vaccinated public to travel freely and many families to reunite.

Australia eases international border restrictions for first time in pandemic

The German labour union has called on employees to strike at seven different Amazon locations in a protracted pay dispute.

German union calls for strikes at seven Amazon sites

Supply chain woes have caused Apple now 6 billion dollars in sales during fiscal fourth quarter.

Supply chain woes cause Apple 6 billion dollars

Royal Dutch Shell Plc mounted defense against activist investor Dan Loeb’s bid to split the company, and pension funds that are dumping its shares, saying the company’s integration of oil, gas and renewables is key to delivering the energy transition.

Royal Dutch Shell Plc mounts defense against activist investor Dan Loeb’s bid to split the company

Maruti Suzuki's Indian arm posted over 65% plunge in the quarterly net profit, as a global chip shortage thumped production.

India: Maruti Suzuki's profit takes a massive hit as chip shortage weigh

The largest U.S. manufacturers including General Motors, General Electric, 3M and Boeing face logistics headaches and higher costs due to global supply bottlenecks that are likely to persist into next year but agreed the hit to profits can be mitigated by charging higher prices for their goods.

US companies to keep prices high as supply chain headaches persist

China is targeting vegetable hoarders as prices of some vegetable have been doubled in recent weeks, costing more than meat in some cases. Heavy rainfall in major growing regions this year has damaged crops in the country.

China targets vegetable hoarders as prices soar

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